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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Mario :-) who wrote (12246)	9/9/2005 11:20:46 AM
From: Crossy	Respond to of 37387

Mario, thanx for advfn.com - now this is intersting.. I often saw "adfn" referenced on Motley Fools discussion boards.. now I know more ! rgrds CROSSY

To: Mario :-) who wrote (12246)	11/2/2005 6:35:21 AM
From: Crossy	Read Replies (1) \| Respond to of 37387

re: Global Energy Development (GED.L) - 289p News Looks like this company is firmly on track to the 10.000boepd magic number down the road. Productive capacity right now around 2700boepd (2300bopd + 450boepd from recenty drillin success and flow test). Harken Energy's (former parent) interest in GED.L is now down to 34% of common stock capital and the company succeeded in placing a convertible note of $12.5m until 2012 (converting at a premium - 304p) with very sweet terms (Interest 5-8%) to step up development. uk-wire.com Global Energy Development PLC 27 October 2005 Immediate Release 27 October 2005 GLOBAL ENERGY DEVELOPMENT PLC HOLDING IN COMPANY Global Energy Development PLC (the 'Company') was today notified that Harken Energy Corporation, a Delaware corporation, holds 11,892,922 ordinary shares of 1 pence each in the Company, representing 33.78% of the Company's issued share capital. For further information: Global Energy Development PLC Catherine Miles, director of Investor Relations +44 (0) 20 7763 7177 uk-wire.com Global Energy Development PLC 01 November 2005 Immediate Release 1 November 2005 GLOBAL ENERGY DEVELOPMENT PLC ISSUE OF US$12.5 MILLION OF CONVERTIBLE NOTES Global Energy Development PLC ('Global' or the 'Company'), the Latin America focused petroleum exploration and production company (LSE-AIM: 'GED'), is pleased to announce it has raised US$12,500,000 through the issue of unsecured variable coupon convertible notes due 30 October 2012 ('Notes') to a Swiss based fund manager. The Notes, with an annual coupon of 5% for the first three years, 6% from October 2008 to October 2010 and 7% thereafter payable quarterly in arrear, are convertible into ordinary shares of 1p each in the Company at 305.8p per ordinary share, representing a premium of 10% to the closing mid-market price on 28 October 2005, this being the last trading day prior to the delivery of the Notes. If not converted or previously redeemed the Notes will be redeemed at their principal amount on 30 October 2012. Commenting, Stephen Voss, Global's Managing Director, said: 'The Company has significantly enlarged its acreage position and prospects over the past year and expects to supplement the current 5.1 million acres even further over the coming months. The Company even now holds a number of exploratory projects that the management consider to have high potential and as such are accelerating the drilling programmes associated with them. The purpose of issuing the Notes is to provide the Company with additional immediate funds that can supplement the current cashflow from production and be specifically dedicated towards rig contracting and building up inventory, as well as general corporate use, thereby allowing greater visibility over drilling schedules.' For further information: Global Energy Development PLC Catherine Miles, director of Investor Relations +44 (0) 20 7763 7177 www.globalenergyplc.com +44 (0) 7909918034 Notes to Editors: Global currently holds approximately 5.1 million acres through six contracts in Colombia and Peru, an exclusive Technical Evaluation Agreement ('TEA') in Colombia and a concluded exclusive TEA in Panama which is in the process of being converted into an exclusive contract. As at 31 December 2004, Global had independently reported proved and probable reserves totalling 16.5 million BOE. This announcement does not constitute, or form part of, an offer or solicitation of an offer, to purchase or subscribe for, underwrite or otherwise acquire, any rights, shares or other securities. Members of the general public are not eligible to take part in the securities offering. The securities are not and will not be offered other than to persons who trade or invest in securities in the conduct of their profession or trade (which includes banks, securities intermediaries (including dealers and brokers), insurance companies, pension funds, other institutional investors and commercial enterprises which as an ancillary activity regularly invest in securities). In the United Kingdom this announcement is directed exclusively at (a) persons who have professional experience in matters relating to investments who fall within article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ) ('the Order') or (b) are persons falling within article 49(2)(a) to (d) (high net worth companies, unincorporated associations etc) of the Order or (c) other persons to whom it may be lawfully directed (all such persons together being referred to as 'Relevant Persons'). This announcement must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This information is provided by RNS The company news service from the London Stock Exchange

To: Mario :-) who wrote (12246)	12/7/2005 7:21:11 AM
From: Crossy	Read Replies (1) \| Respond to of 37387

re: GED.L - Global energy Development - 262p ww7.investorrelations.co.uk RNS Number:2488V Global Energy Development PLC 07 December 2005 Immediate Release 7 December 2005 GLOBAL ENERGY DEVELOPMENT PLC RIG MOBILIZATION TO EXPLORATORY WELL ON RIO VERDE CONTRACT Global Energy Development PLC ("Global" or the "Company"), the Latin America focused petroleum exploration and production company (LSE-AIM: "GED"), announces that it has commenced rig mobilization to the Tilodiran 2 exploratory well within its exclusive Rio Verde Exploration and Production Concession contract (the "Contract") in Colombia. The Contract, which Global owns 100% of and is subject only to an initial 10.5% royalty, covers approximately 75,000 acres in the central Llanos region and currently contains two producing wells, Tilodiran 1 and Macarenas 1, which were successfully recompleted and brought onto production by Global in late 2004 and early 2005 respectively. Cumulative gross production from these two wells has since been over 87,000 barrels of oil. Global has acquired and processed 56 kilometres of new 2D seismic within the Contract area during 2005 and reprocessed 300 kilometres of existing seismic in order to select optimum drilling locations. Tilodiran 2 is located approximately 2,200 feet northeast from and in a geologically favourable position updip to Tilodiran 1. Global expects to spud Tilodiran 2 in mid to late December 2005. Commenting on the Tilodiran 2 exploratory well, Stephen Voss, Global's Managing Director, said: "The rig mobilisation to Tilodiran 2 at this time represents an acceleration of the work programme required under the terms of the Rio Verde contract which specifies that the Company must drill the first exploratory well during phase two which does not commence until May 2006. We look forward to quickly progressing this well." For further information: Global Energy Development PLC Catherine Miles, director of Investor Relations +44 (0) 20 7763 7177 www.globalenergyplc.com +44 (0) 7909918034 Notes to Editors: Global currently holds 5.1 million acres through seven contracts in Colombia and Peru, an exclusive Technical Evaluation Agreement ("TEA") in Colombia and concluded exclusive TEA in Panama in the process of being converted into an exclusive contract. As at 31 December 2004, independent engineers, Ryder Scott, reported that Global had proved and probable reserves totalling 16.5 million BOE. This information is provided by RNS The company news service from the London Stock Exchange

To: Mario :-) who wrote (12246)	1/4/2006 8:55:33 AM
From: Crossy	Read Replies (1) \| Respond to of 37387

re: GED.L - Global Energy Development 270p (UK/AIM) uk-wire.com Global Energy Development PLC 04 January 2006 Immediate Release 4 January 2006 GLOBAL ENERGY DEVELOPMENT PLC NEW CONTRACT SIGNED IN COLOMBIA CARACOLI AREA WITHIN THE PROMINENT MARACAIBO BASIN Global Energy Development PLC ('Global' or the 'Company'), the Latin America focused petroleum exploration and production company (LSE-AIM: 'GED'), is pleased to announce that it has signed a new exclusive Exploration and Production Concession contract for the Caracoli area (the 'Caracoli Contract') with the National Hydrocarbons Agency of the Republic of Colombia. The Caracoli Contract brings to seven the number of contracts Global now holds in Colombia, all of which are 100% owned by Global. The Caracoli Contract covers approximately 90,000 acres in the Catatumbo basin located in north-eastern Colombia, with this basin being a sub-basin of the prominent Maracaibo basin which extends in a south-westerly direction from Venezuela into Colombia. The Maracaibo basin exported its first oil in 1918, from 1927 to 1970 was the largest oil exporter in the world, and today remains the second most petroliferous basin in the world according to the U.S. Department of Energy and Petroleos de Venezuela S. A. ('PDVSA'), Venezuela's state oil company. PDVSA estimates total original hydrocarbons in place are 320 billion barrels of oil plus 90 trillion cubic feet of natural gas, with approximately 40 billion barrels of hydrocarbons produced through to the end of 2004. The Catatumbo sub-basin has produced over 800 million barrels of oil to date, according to the Colombian Ministry of Mines and Energy, from a number of different fields to the north of and adjacent to the Caracoli Contract area. Due to the high expectations the management of Global have for the Caracoli Contract, Global and its technical staff have already extensively studied the area, completed preliminary geologic analysis and selected the location of seismic acquisition. Several mapped structures in the Contract area have the same geologic history as the prolific adjacent oil fields. As a consequence, the management of Global consider the Caracoli area to have a favourable potential for major oil discoveries. Global will own 100% of the Caracoli Contract subject only to an initial 8% royalty, with the size of the royalty to be determined by future production levels. The Contract duration is 30 years divided into an initial six year exploration phase and a 24 year exploitation and production phase. Under the terms of the Caracoli Contract, Global must acquire within 12 months 90 kilometres of 2D seismic and reprocess 210 kilometres of existing seismic. Global can then elect if it so wishes to proceed to phase 2, also 12 months, and drill one exploratory well and acquire limited amounts of additional seismic. Phase 3 to 6, all optional and 12 months in length, require the drilling of an exploratory well in each phase. Cashflow from Global's current five productive contracts in Colombia is expected to fund the required work programme. Commenting on the Caracoli Contract, Stephen Voss, Global's Managing Director, said: 'Global is extremely excited to have been able to secure such high potential acreage in what is independently considered to be the second most prolific hydrocarbon area in the world, the Maracaibo basin. The Caracoli Contract ranks amongst the most significant opportunity during the Company's extensive operating history in Colombia by offering the potential for major oil discoveries. The substantial analysis the Company has already conducted has provided what the management believe to be an accurate, highly compelling geologic model of the Caracoli Contract acreage which could have significant reserve potential. The Caracoli Contract adds further high potential exploration to Global's balanced portfolio which also comprises production and more predictable developmental drilling.' For further information: Global Energy Development PLC Catherine Miles, director of Investor Relations +44 (0) 20 7763 7177 www.globalenergyplc.com +44 (0) 7909918034 Notes to Editors: Global has been listed on the AIM Market of the London Stock Exchange since March 2002. The Company currently holds approximately 5.16 million acres through eight contracts in Colombia and Peru, an exclusive Technical Evaluation Agreement ('TEA') in Colombia and a concluded exclusive TEA in Panama which is in the process of being converted into an exclusive contract. Global owns 100% of all its contracts, with five of these contracts currently producing. This information is provided by RNS The company news service from the London Stock Exchange